The crypto market cap has been holding steady at $3.33 trillion, a critical point that has been both support and resistance in recent weeks.
The $3.33T level aligns closely with the ~$108,000 price zone for Bitcoin, indicating a defining moment for the market.
Currently trading slightly above $3.33T at around $3.41T, a continuation to the upside is possible, but a drop below this level may signal weakness.
Traders are cautiously optimistic about the market outlook as long as it stays above $3.33T, but a sustained drop below this support could lead to bearish momentum.